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21 sats \ 1 reply \ @Undisciplined 6h \ on: India offers to slash tariff gap to 4% in dash to seal trade pact with USA econ
That third bullet point is probably the biggest. India is pretty well-known for its high non-tariff barriers, so opening the markets to US imports is a bigger deal than lowering tariff rates.
Yea, you're right. I think it's time when India becomes an open economy, making things easier for foreign investment as well.
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